The world's largest gold mining company, Barrick Gold, earned much less than expected in the first quarter. That largely reflected less-than-expected gold production and higher-than-expected all-in sustaining costs. The company cut its production guidance for 2017. We cut our earnings estimate. Toronto-based Barrick Gold (TSX-ABX), one of our Key stocks, reported worse-than-expected results in t...Read More
ISIS wants to poison our water supply, but the joke’s on them! The U.S. government already beat them to the punch.The extremist group has reportedly poisoned prisoners by spiking their food and water with compounds used in pesticides that are easy to obtainSecurity forces now fear the terror network may hatch a twisted plot to contaminate Western food supplies with formulas that quickly d...Read More
ISIS wants to poison our water supply, but the joke’s on them! The U.S. government already beat them to the punch.The extremist group has reportedly poisoned prisoners by spiking their food and water with compounds used in pesticides that are easy to obtainSecurity forces now fear the terror network may hatch a twisted plot to contaminate Western food supplies with formulas that quickly d...Read More
Why did “private” prison stocks soar the day after Trump got elected?It is almost like people in the industry knew something that the public didn’t. The former Attorney General Yates said that private prisons would be phased out. So before any cabinet members had been announced, why were stockholders betting that private prisons would not be phased out after all?It could just be...Read More
Why did “private” prison stocks soar the day after Trump got elected?It is almost like people in the industry knew something that the public didn’t. The former Attorney General Yates said that private prisons would be phased out. So before any cabinet members had been announced, why were stockholders betting that private prisons would not be phased out after all?It could just be...Read More
Everything is a conspiracy, the elite globalists control us all, they will win, and resistance is futile.Well, in that case, what’s the point of even fighting it? In fact, if all is so hopeless, why even bother pointing out how hopeless it is?Or could it be–gasp, conspiracy!–that those ultra-pessimists are really themselves the agents of the controlling elite?The idea is that tho...Read More
Everything is a conspiracy, the elite globalists control us all, they will win, and resistance is futile.Well, in that case, what’s the point of even fighting it? In fact, if all is so hopeless, why even bother pointing out how hopeless it is?Or could it be–gasp, conspiracy!–that those ultra-pessimists are really themselves the agents of the controlling elite?The idea is that tho...Read More
Imagine if a third of your family died of the plague as religious fanatics preached “The end is nigh!” and threatened that the few pleasures you could squeeze out of life would lead to your eternal damnation. As wars raged around you, surrounded by death, disease, and the lowest grimy depths of poverty, it would be understandable to think the world was in the midst of an apocalyptic co...Read More
Imagine if a third of your family died of the plague as religious fanatics preached “The end is nigh!” and threatened that the few pleasures you could squeeze out of life would lead to your eternal damnation. As wars raged around you, surrounded by death, disease, and the lowest grimy depths of poverty, it would be understandable to think the world was in the midst of an apocalyptic co...Read More
Writing in The MoneyLetter between the first round and final run-off French elections, portfolio manager John Stephenson admires the strong economic recovery underway in Europe. He picks two financial stocks and a cash-rich airline as current 'buys' to benefit from a new round of Europe rising.European markets finished their best week this year following the first round of the French presidential...Read More
The United Nations is ready to send additional peacekeeping forces to the Central African Republic diamond-mining town of Bangassou to suppress a recent flare of attacks on civilians and peacekeepers that has cost hundreds of lives in the past two months.Just last week, as many as 100 people were killed in the south of the country, which only last year was allowed to resume diamond exports after...Read More
You are hiring a babysitter. You can choose between a teenage girl who has no babysitting experience, or a paroled child molester who was a kindergarten teacher for 5 years. Is it discrimination to choose the less qualified candidate?Yes. And the right to discriminate is a basic necessity of human interaction. It is about ensuring both parties in any interaction have given consent.Okay, that was a...Read More
You are hiring a babysitter. You can choose between a teenage girl who has no babysitting experience, or a paroled child molester who was a kindergarten teacher for 5 years. Is it discrimination to choose the less qualified candidate?Yes. And the right to discriminate is a basic necessity of human interaction. It is about ensuring both parties in any interaction have given consent.Okay, that was a...Read More
Transparency Market Research Report Add "Base Metal Mining Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023" to its database.This press release was orginally distributed by SBWireAlbany, NY -- (SBWIRE) -- 05/15/2017 --The global base metal mining market is highly consolidated. The top player operating in the market, Glencore Plc accounted for 68% of the glob...Read More
Innocent until proven guilty may be a thing of the past if an investigation itself is punishment.An investigation by government authorities can be quite damaging, even if that investigation turns up nothing in the end.Investigations can be used as a warning to the target and others that Big Brother is watching.Investigations can insinuate guilt, serving as a punishment in the court of public opini...Read More
Innocent until proven guilty may be a thing of the past if an investigation itself is punishment.An investigation by government authorities can be quite damaging, even if that investigation turns up nothing in the end.Investigations can be used as a warning to the target and others that Big Brother is watching.Investigations can insinuate guilt, serving as a punishment in the court of public opini...Read More
There is a dangerous myth that permeates the political arena that government agencies and bureaucrats can somehow be non-political and independent.How absurd. On the one hand, there are obvious political appointments, like Eric Holder as Attorney General under Obama, or Rex Tillerson as Secretary of State under Trump. Each was clearly chosen to advance the interests of the President, Holder for h...Read More
There is a dangerous myth that permeates the political arena that government agencies and bureaucrats can somehow be non-political and independent.How absurd. On the one hand, there are obvious political appointments, like Eric Holder as Attorney General under Obama, or Rex Tillerson as Secretary of State under Trump. Each was clearly chosen to advance the interests of the President, Holder for h...Read More
The President is very much a figurehead – he wields no real power whatsoever. He is apparently chosen by the government, but the qualities he is required to display are not those of leadership but those of finely judged outrage. For this reason the President is always a controversial choice, always an infuriating but fascinating character. His job is not to wield power but to draw attention...Read More
The President is very much a figurehead – he wields no real power whatsoever. He is apparently chosen by the government, but the qualities he is required to display are not those of leadership but those of finely judged outrage. For this reason the President is always a controversial choice, always an infuriating but fascinating character. His job is not to wield power but to draw attention...Read More